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 Published : June 28, 2007 Bangalore

MatexNet announces expansion, plans overseas foray

Internet-driven material exchange company, MatexNet has launched two new business verticals for used vehicles and surplus retail goods, and said it plans to expand into neighbouring markets. While the used vehicles division will be a common buyer-to-buyer (B2B) platform for the vehicle e-trading, the surplus retail division will facilitate dealing in slow moving, readily available finished retail goods, the firm said.